Investors bid up food stocks in anticipation of sector consolidation

Shares of Sanderson Farms (SAFM +2.2%) etch out new 52-weeks as heightened merger buzz keeps trading in the sector lively.

Pilgrim's Pride (PPC +1.4%), WhiteWave Foods (WWAV +1.8%), and Tyson Foods (TSN +2%) are also higher on the day.

Consolidation talk has helped the Dynamic Food & Beverage (PBJ) outperform the S&P 500 this year.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs